Scotty’s Brewhouse founder sued over Carmel restaurant deal
In the suit, a former business partner of Scott Wise says he was defrauded out of his $300,000 investment in the Scotty’s Brewhouse on Main Street.
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Hogsett, Develop Indy tout efforts to foster jobs, corporate investment
The mayor and Indianapolis’ economic development agency said their negotiations with companies this year resulted in 74 relocation or expansion deals leading to pledges of 13,320 new or retained jobs.
FedEx shares plunge as gloomier forecast sows doubts on economy
The courier has cut its financial outlook just three months after raising it, reflecting an abrupt change in FedEx’s view of the global economy.
Report: Facebook shared private messages with partners
Facebook gave some companies more extensive access to users’ personal data than it has previously revealed, letting them read private messages or see the names of friends without consent, according to The New York Times.
Fed expected to raise rates while Trump presses criticism
The president fired off two tweets this week objecting to a rate hike. In one of them, he called it “incredible” that the Fed would consider raising rates again when “the outside world is blowing up around us.”
Elanco plans job cuts, $37M restructuring charge
The Greenfield-based company, which staged its initial public offering in September, said the restructuring is intended “to streamline its international operations."
FedEx to offer buyouts to U.S. employees as part of cost-cutting plans
The Memphis, Tennessee-based company did not say how many positions it wants to eliminate or from what locations. But its Indianapolis International Airport hub is part of the Express division that will be targeted for the buyouts.
Carmel officials push back on Franciscan Health project
The health system’s plan to build a $130 million orthopedic hospital and medical campus might be rejected if Franciscan doesn’t commit to paying property taxes in perpetuity.
Gov. Holcomb wants to keep Pacers in Indy, will consider plans to improve CIB facilities
The Capital Improvement Board of Managers will ask lawmakers for more long-term funding that could be used in part for improvements at Bankers Life Fieldhouse. The governor says he’s ready to listen.
Jim Rogers, former CEO of Duke and PSI Energy, dies at 71
Rogers’ path to building the nation’s largest electric utility began in 1988, when he took over struggling PSI Energy in Indiana.
Carmel-based Orbis Education to be acquired for $362.5M by public company
Orbis was founded in 2003 by Daniel Briggs, who now serves as the company’s chief growth officer. The firm markets and manages health care programs for academic institutions and health care systems.
Orange County economic-development veteran to become state tourism director
Misty Weisensteiner succeeds Mark Newman, who had been in the post six years when he stepped down in August to become executive director of Indiana Public Broadcasting Stations.
Pacers sign multimillion-dollar jersey sponsorship deal with Motorola
Christmas came early for the Pacers in the form of a sponsorship deal a source said likely will pay the NBA franchise up to $10 million over two years.
IndyGo to build $4 million training facility on north side
The city’s transit system plans a 3,500-square-foot building where it will educate new hires and fill-in drivers ahead of the introduction of the new Red Line route.
Report says central Indiana faces dearth of ‘good’ jobs—so OneAmerica raises some salaries
The Brookings Institution report found that the situation is especially dire for Hoosiers without college degrees and said the state shouldn’t incentivize jobs that don’t pay middle class wages and benefits.
Trump administration moves to ban bump stocks
Bump stocks became a focal point of the national gun control debate after they were used in October 2017 when a man opened fire from his Las Vegas hotel suite into a crowd at a country music concert below, killing 58 people.
U.S. surgeon general warns of risk to teens from vaping
The government’s top doctor is taking aim at the best-selling electronic cigarette brand in the U.S., urging swift action to prevent Juul and similar vaping brands from addicting millions of teenagers.
Proposed redevelopment of firehouse in Butler-Tarkington finally coming into focus
After many months of delays and discussions with neighborhood residents, the proposal to remake station No. 16 is on its way to a city board for approval of zoning changes.
Brad Rateike: Bush taught us to live with grace, humility
We were able to be ‘for’ something without feeling like we had to be ‘against’ something or someone.
Anne Hathaway: Feeling joyful for the lives of President and Mrs. Bush
Thank you for giving me a start and inspiring so many of us to pursue our dreams.